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Tragic Missile Attack on Marshall Islands-Flagged Tanker in Gulf of Basra
The oil products tanker VELOS SAPPHIRE, flying the flag of the Marshall Islands and sailing off the coast of Qatar, faced a severe explosion and fire after being hit by two munitions. One sailor lost their life on the vessel, which is operated by the Greek company Velos Tankers, while the crew managed to extinguish th…
IMO Council Extends Secretary-General Dominguez's Term Amid Controversy
The International Maritime Organization (IMO) Council has decided to extend Secretary-General Arsenio Dominguez's term for another four years. However, the voting in the 40-member Council revealed divisions within the organization, with six countries opposing and ten abstaining. The decision must be approved by the IM…
19 Dual-Fuel Bulk Carriers Ordered to Propel Ethanol Adoption in Shipping
As the transition to alternative fuels accelerates in the global shipping sector, 19 dual-fuel bulk carriers capable of using ethanol have entered the newbuilding order book. Investments led by Brazilian mining giant Vale are opening the door to a new era in dry bulk transportation. Efforts to reduce carbon emissions …
Bulk Carrier BYB OTHELLO Runs Aground in Istanbul Strait Amid Storm
While en route from Kocaeli to Ukraine's Izmail Port, the bulk carrier BYB OTHELLO, flagged under Saint Kitts and Nevis, experienced a machinery failure and ran aground at the Black Sea exit of the Istanbul Strait. Due to severe weather conditions, a maritime intervention was not possible, and the 13 crew members on b…
PKP Cargo eyes further layoffs as unions demand sign-off on pay deal
Polish freight operator PKP Cargo is apparently planning another round of collective layoffs before the end of the year, along with changes to how its staff are paid, according to Polish rail media. Responding to the reports, PKP Cargo told the Polish Press Agency that restructuring administrator Paweł Głodek is analy…
Selçuk Esenyel Inspires TEDx Audience with Insights on Courage and Responsibility
Selçuk Esenyel discussed courage and responsibility on the TEDx stage. Attorney Selçuk Esenyel, who narrated the negotiations for the rescue of 10 Turkish sailors kidnapped from the Paksoy-1 vessel, opened a discussion on the meaning of courage, responsibility, and the use of power on the TEDx stage. At the center of …
Scottish campaigners include freight opportunities
Lobby groups in the north and south of Scotland have emphasised how freight can play a new role in railway development. Campaigns in the North East and the Scottish Borders have both put their cases to the government and to stakeholders at large. The North East lobby group was at the Scottish Parliament last week, whi…
Medway goes solo on Le Havre–Nantes trains as French map grows
Medway France is now running MSC’s container trains between the ports of Le Havre and Montoir-de-Bretagne on its own, after more than three months working on the flow alongside Europorte. It is the company’s third regular flow in France, less than a year after it entered the market. MSC’s rail freight arm started the …
Opinion: Kazakhstan’s Mineral Ambitions Depend on Water
At the Shalkiya lead-zinc mine in Kyzylorda Region, engineers have designed a processing plant that could handle four million metric tons of ore a year. To keep it running, a pumping station would send up to 2,400 cubic meters of water back through the plant every hour. Even with that water going round again, the plan…
Uzbekistan Offers to Host Regional UN Counterterrorism Office at Astana Summit
Central Asian leaders and Jordan’s King Abdullah II met on November 6 to discuss how terrorist groups could use artificial intelligence to recruit members, coordinate their activities, and spread propaganda. At the Aqaba Process summit, Uzbek President Shavkat Mirziyoyev offered to host a Central Asian office of the U…
Kazakhstan’s Sunflower Pellet Exports More Than Triple
Kazakhstan’s exports of sunflower husk pellets reached 63,200 metric tons in the first nine months of 2026, 3.56 times the volume shipped a year earlier. The pellets are made by compressing discarded sunflower seed shells for use as fuel. Export revenue increased by 515% to $3.4 million, according to export figures fr…
Kairat Almaty Hold Atalanta to Draw as Kazakh Club’s European Rise Continues
Kairat Almaty secured one of their most impressive European results on November 5, holding Italian side Atalanta to a 1-1 draw in Bergamo in the UEFA Conference League. The Kazakh visitors came close to a famous victory after taking the lead early in the second half. Atalanta, winners of the Europa League in 2024, nee…
Turkish Official Questions Tokayev’s Proposal for OTS Observer Status for Russia
Kürşad Zorlu, a senior official in Türkiye’s ruling Justice and Development Party, has questioned Russia’s eligibility for observer status in the Organization of Turkic States (OTS), citing its language requirements. At the OTS summit in Ankara on October 30, Kazakh President Kassym-Jomart Tokayev proposed inviting Ru…
Middle Corridor: $55 Billion in Investment Needed to Turn a Transit Route into an Economic Corridor
Developing the Middle Corridor, a transport route connecting China and Europe through Central Asia, the Caspian Sea, and the South Caucasus, will require at least $25 billion in infrastructure upgrades by 2040. The World Bank estimates that another $30.5 billion will be needed for complementary investments in logistic…
DenAr takes on Turkey’s first offshore wind seabed survey campaign
Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…
Women Queue for Kazakhstan’s Umai Mortgages Amid Questions Over Affordability
Women gathered outside a branch of Kazakhstan’s Otbasy Bank in Almaty’s Zhetysu neighborhood early on November 3, hoping to secure mortgages under a program designed to help women buy homes. Some banks drew up waiting lists, which security guards used to control entry, while others argued as the crowd pressed toward t…
Kazakhstan Inflation Expected to Ease in 2027 Despite Higher Spending
The National Bank of Kazakhstan expects inflation to slow in 2027, but less sharply than previously forecast. In September, it raised its forecast to 6.5%–8.5%, up from 5.5%–7.5%, amid concerns about government spending and other pressures. Akylzhan Baimagambetov, the bank’s deputy governor, said on November 5 that th…
Uzbekistan Plans to Double Uranium Production by 2030
Uzbekistan plans to double its annual uranium production to 15,000 metric tons by 2030, up from a projected 7,500 this year, as demand for nuclear fuel grows. Tashkent also wants to expand critical mineral processing to produce more finished goods for export. The development plans , published by the president’s office…
KTZ Express ships Kazakh polymers to Mexico via the Middle Corridor
KTZ Express, the freight forwarding subsidiary of Kazakh Railways (KTZ) has organised a container shipment from Kazakhstan to the Mexican Port of Veracruz. KTZ is reaching ever-more destinations across the world “beyond traditional sales markets”. KTZ Express presented the shipment as part of an effort to expand the g…
Venergy doubles VLCC order at Hengli
Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…
Capital Tankers scores up to $82m suezmax fixture
Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…
ČD Cargo refutes claims ‘rail can’t compete with road’ for smaller shippers
ČD Cargo has rejected the “simplistic conclusion that rail cannot compete with road”, after shippers interviewed on primetime Czech television said they had switched to trucks on cost and speed. Rail, the operator says, “can offer a competitive solution in terms of price, transport capacity and reliability”, for both …
What will happen to DB Cargo if it fails to break even?
Time is ticking for the German national rail freight operator DB Cargo. It needs to implement its restructuring programme by 31 December 2026 under a deal with the European Commission. If the operator fails to do so, it could be in serious trouble. The goal is to break even financially. The DB Cargo case in short DB C…
Turkish-Operated Bulk Carrier ERA S Struck by Munitions in Strait of Hormuz
The bulk carrier named ERA S, operated by Istanbul-based Transatlantic Shipping and flying the Panama flag, became the target of unidentified munitions while transiting the Strait of Hormuz. A hole was reported on the starboard side of the vessel, while the crew was reported to be safe and the ship continued its voyag…
Iran Calls on IMO to Address Seafarers' Safety Amid U.S. Sanctions
Iran has accused the International Maritime Organization (IMO) of bias regarding the safety of seafarers. During the IMO Council meeting held in London, the Tehran administration argued that the maritime blockade imposed by the United States on Iranian ports and the plight of Iranian seafarers stranded off the coast o…
Turkey Elevates Security Level for Ships at Yanbu Port Amid Concerns
Following recent developments in Saudi Arabia, the Ministry of Transport and Infrastructure has raised the ISPS Code security level to the highest level, Level 3, for Turkish-flagged vessels that will call at Yanbu Port and navigate in the port's waters. The decision came into effect on November 4, 2026. In light of t…
PortXchange Enhances EmissionInsider to Transform Port Emissions Management
PortXchange expands EmissionInsider with new multimodal monitoring, emissions forecasting, and scenario modeling features to help ports make better operational and investment decisions. Ports have spent years improving how they calculate and report emissions. However, knowing how much a port emitted last year does lit…